Iraq scaled back crude production in July, even as total output from OPEC members climbed, a survey by Reuters indicated. The ...

Oil prices continue dropping yesterday as markets digest the decision by the Organisation of Petroleum Exporting Countries and Allies (OPEC+) to implement another significant output increase in ...

This new tariff is also putting pressure on Reliance Industries, owned by India's richest person, Mukesh Ambani. The company ...

Iraq is seizing the opportunity presented by reduced Russian crude exports, utilising its strong infrastructure and desirable ...

Iraqi crude is well-suited to Indian refineries and more will be coming on line as Opec production rises For ads that aren’t ...

OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

Glean insights from Berkshire Hathaway Inc.'s Q2 results, including insurance losses, core growth drivers, and Warren Buffett ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Kuwait expects oil prices to stay below $72 per barrel, monitoring global market dynamics and statements from the U.S.

DOHA, August 7. /TASS/. The Organization of Petroleum Exporting Countries keeps an eye on the oil market status, the balance of supply and demand, and statements of US President Donald Trump in ...

ConocoPhillips's second-quarter earnings fell, hurt by lower prices that were slightly offset by higher production. At the same time, the oil producer said Thursday that it will sell its Anadarko ...